An auto loan portfolio worth $463 million and vehicle lending as a core product for over 50 years were factors that put Mission Federal Credit Union ahead of the pack during the bidding process for Autoland Inc.
Just over a year since it purchased noted mortgage CUSO Prime Alliance Solutions, Mortgage Cadence has been purchased by Accenture, an international financial services consulting and software firm.
Harland Clarke sells UltraData, LaserPro and MortgageBot, among others, to Canadian company for $1.2 billion.
In the first half of this year, there have been 132 mergers, surpassing the 114 mergers during the first half of 2012.
Georgia merger combines $282,000 credit union into $11 million counterpart, both in Athens.
The $22 million Kilowatt Credit Union of Madison, Wis., will merge into the $195 million Heartland Credit Union in Madison on Aug. 1.
MedPro FCU merging into Ohio HealthCare FCU but will continue operating under its own name.
International consulting and software firm buys Mortgage Cadence a year after it bought Prime Alliance Solutions.
The $900,000 Mac Neill Employees CU seeks to merge into the $77 million Priority One CU.
The $6.1 million credit union is asking members to vote on merger with American United Family of Credit Unions FCU in Aug. 9 balloting.